‘Phenomenal activity’ in Perthshire housing market

A Perth estate agency says it has seen “phenomenal activity” over recent months.

Staff at the Perth branch of Thorntons Property Services say they have seen “quick turnarounds” on houses being put on the market in Perth and Kinross.

This confidence in the Perthshire property market mirrors a recent survey by the Clydesdale Bank and the Yorkshire Bank which found that 55% of homeowners in the UK anticipate that their home will increase in value over the next 12 months.

Colin Emslie, property manager at Thorntons Property Services, said he continues to be encouraged by the increased levels of activity in the Perth market and by the strong start to the spring/summer season.

He said: “Our branch in Perth has seen a phenomenal amount of activity over the past few months.

“Compared to this time last year, Thorntons have sold 18% more homes, with an increase of 18% for detached properties, 21% for semi-detached, 19% for terraced and 11% for flats.

“Along with more homes being sold, the average house price has risen by 16.3%, which is a direct result of the increasing popularity of homes in the 150-250,000 categories. These positive results show that consumer confidence is increasing.”

Mr Emslie said he believes the Perth property market has a “positive outlook”.